Booz Allen Hamilton Holding Corporation (BAH) Financials

BAH

Trailing 12 months to September 30, 2026

Revenue $11.0B -6.2% YoY

Net Income $784.0M -5.1% YoY

EPS (Diluted) $6.44 -1.7% YoY

Free Cash Flow $984.0M +20.1% YoY

Market Cap $9.4B as of Oct 23, 2026

Price / Sales 0.9x on $11.0B revenue, trailing 12 months to September 30, 2026

Price / Earnings 12.0x on $784.0M net income, trailing 12 months to September 30, 2026

Price / Book 7.6x on $1.2B equity, Q2 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2027, ended Sep 30, 2026 Reported Oct 23, 2026 Currency USD FYE March

Newest figures come from the 10-Q for Q2 FY2027, filed Oct 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BAH SEC filings page.

Booz Allen Hamilton Holding Corporation (BAH) reported $11.0B in revenue over the twelve months to Sep 30, 2026, down 6.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BAH FY2026 2026-10-23

FY2026 shows a service business with resilient cash generation, but weaker volume exposes operating-cost rigidity and heavy leverage.

Cash conversion strengthened: revenue fell 6.4%, yet operating cash flow reached $1.04B, showing cash generation held up despite weaker volume. Accounts receivable fell 9.2% while free cash flow rose 4.4%, linking the cash result to collection dynamics rather than profit growth alone.

Gross margin fell 2.1 percentage points as revenue contracted, while SG&A increased, showing costs did not flex fully with demand. Net margin fell just 0.2 percentage points, but reported tax expense dropped 96.1%, so bottom-line resilience was partly tax-driven rather than wholly operational.

Liabilities were 84.5% of assets and debt-to-equity was 3.5x, making the financing structure a central feature of the business rather than a minor balance-sheet detail. A current ratio of 1.8x indicates near-term assets exceeded near-term obligations, though long-term debt remained $3.92B.

Financial Health Signals

Financial Health Score 53/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Booz Allen Hamilton Holding Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Booz Allen Hamilton Holding Corporation has an operating margin of 9.2%, meaning the company retains $9 of operating profit per $100 of revenue. This strong profitability earns a score of 66/100, reflecting efficient cost management and pricing power. This is down from 11.4% the prior year.

Growth

Booz Allen Hamilton Holding Corporation's revenue declined 6.4% year-over-year, from $12.0B to $11.2B. This contraction results in a growth score of 40/100.

Leverage

Booz Allen Hamilton Holding Corporation has elevated debt relative to equity (D/E of 3.55), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 23/100, reflecting increased financial risk.

Liquidity

Booz Allen Hamilton Holding Corporation's current ratio of 1.78 indicates adequate short-term liquidity, earning a score of 52/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Booz Allen Hamilton Holding Corporation has a free cash flow margin of 8.5%, earning a moderate score of 54/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Booz Allen Hamilton Holding Corporation earns a strong 77.0% return on equity (ROE), meaning it generates $77 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 84/100. This is down from 93.2% the prior year.

Altman Z-Score Safe

3.93

Booz Allen Hamilton Holding Corporation scores 3.93, well above the 2.99 safe threshold. The largest contribution to the score comes from revenue of $11.2B against total assets of $7.1B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

Booz Allen Hamilton Holding Corporation passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.22x

For every $1 of reported earnings, Booz Allen Hamilton Holding Corporation generates $1.22 in operating cash flow ($1.0B OCF vs $851.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

4.87x

Booz Allen Hamilton Holding Corporation earns $4.87 in operating income for every $1 of interest expense ($1.0B vs $212.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.8B

YoY-3.9%

QoQ-0.8%

5Y CAGR+5.7%

10Y CAGR+7.1%

Booz Allen Hamilton Holding Corporation generated $2.8B in revenue in Q2 2027. This represents a decrease of 3.9% from the same quarter a year earlier. Against the prior quarter it is down 0.8%.

EBITDA

$296.0M

YoY-8.6%

QoQ-8.6%

5Y CAGR+2.9%

10Y CAGR+8.4%

Booz Allen Hamilton Holding Corporation's EBITDA was $296.0M in Q2 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.6% from the same quarter a year earlier. Against the prior quarter it is down 8.6%.

Net Income

$181.0M

YoY+3.4%

QoQ-8.6%

5Y CAGR+3.2%

10Y CAGR+11.2%

Booz Allen Hamilton Holding Corporation reported $181.0M in net income in Q2 2027. This represents an increase of 3.4% from the same quarter a year earlier. Against the prior quarter it is down 8.6%.

EPS (Diluted)

$1.50

YoY+5.6%

QoQ-8.0%

5Y CAGR+5.6%

10Y CAGR+13.8%

Booz Allen Hamilton Holding Corporation earned $1.50 per diluted share (EPS) in Q2 2027. This represents an increase of 5.6% from the same quarter a year earlier. Against the prior quarter it is down 8.0%.

Cash & Balance Sheet

Free Cash Flow

$263.0M

YoY-33.4%

QoQ+0.8%

5Y CAGR-10.2%

10Y CAGR+3.0%

Booz Allen Hamilton Holding Corporation generated $263.0M in free cash flow in Q2 2027, representing cash available after capex. This represents a decrease of 33.4% from the same quarter a year earlier. Against the prior quarter it is up 0.8%.

Cash & Debt

$334.0M

YoY-59.1%

QoQ-38.1%

5Y CAGR-15.8%

10Y CAGR+0.8%

Booz Allen Hamilton Holding Corporation held $334.0M in cash against $4.4B in long-term debt as of Q2 2027.

Dividends Per Share

$0.59

YoY+7.3%

QoQ0.0%

5Y CAGR+9.8%

Booz Allen Hamilton Holding Corporation paid $0.59 per share in dividends in Q2 2027. This represents an increase of 7.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

119M

YoY-2.2%

QoQ-1.4%

5Y CAGR-2.4%

Booz Allen Hamilton Holding Corporation had 119M shares outstanding in Q2 2027. This represents a decrease of 2.2% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.

Margins & Returns

Gross Margin

52.0%

YoY-1.6pp

QoQ-0.3pp

5Y change-3.0pp

Booz Allen Hamilton Holding Corporation's gross margin was 52.0% in Q2 2027, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.

Operating Margin

8.8%

YoY-1.0pp

QoQ-1.1pp

5Y change-1.6pp

10Y change+0.4pp

Booz Allen Hamilton Holding Corporation's operating margin was 8.8% in Q2 2027, reflecting core business profitability. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.

Net Margin

6.5%

YoY+0.5pp

QoQ-0.6pp

5Y change-0.8pp

10Y change+2.0pp

Booz Allen Hamilton Holding Corporation's net profit margin was 6.5% in Q2 2027, showing the share of revenue converted to profit. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.

Return on Equity

14.5%

YoY-3.0pp

QoQ-1.9pp

5Y change-0.2pp

10Y change+2.4pp

Booz Allen Hamilton Holding Corporation's quarterly ROE was 14.5% in Q2 2027: one quarter's net income over shareholder equity, not annualized. This is down 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.

Capital Allocation

Share Buybacks

$98.0M

YoY-54.2%

QoQ+36.1%

5Y CAGR-2.0%

10Y CAGR+45.6%

Booz Allen Hamilton Holding Corporation spent $98.0M on share buybacks in Q2 2027, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 54.2% from the same quarter a year earlier. Against the prior quarter it is up 36.1%.

Capital Expenditures

$31.0M

YoY+19.2%

QoQ+55.0%

5Y CAGR+8.4%

10Y CAGR+13.2%

Booz Allen Hamilton Holding Corporation invested $31.0M in capex in Q2 2027, funding long-term assets and infrastructure. This represents an increase of 19.2% from the same quarter a year earlier. Against the prior quarter it is up 55.0%.

R&D Spending

Not reported for Q2 2027.

BAH Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BAH quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$11.0B	$11.2B-6.4%	$12.0B+12.4%	$10.7B+15.2%	$9.3B+10.7%	$8.4B+6.4%	$7.9B+5.3%	$7.5B+11.3%	$6.7B+8.7%	$6.2B+6.2%	$5.8B+7.5%	$5.4B+2.5%	$5.3B-3.7%	$5.5B-4.9%	$5.8B-1.7%	$5.9B
Cost of Revenue	$5.2B	$5.3B-2.1%	$5.4B+10.1%	$4.9B+14.3%	$4.3B+10.4%	$3.9B+6.6%	$3.7B+8.2%	$3.4B+9.0%	$3.1B+8.2%	$2.9B+7.0%	$2.7B	N/A	N/A	N/A	N/A	N/A
Gross Profit	$5.8B	$5.9B-9.9%	$6.6B+14.3%	$5.7B+15.9%	$5.0B+11.0%	$4.5B+6.3%	$4.2B+2.9%	$4.1B+13.4%	$3.6B+9.2%	$3.3B+5.4%	$3.1B	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.3B	$1.3B+1.6%	$1.2B-2.7%	$1.3B-16.4%	$1.5B+32.3%	$1.2B+11.8%	$1.0B+0.1%	$1.0B+11.6%	$927.9M+8.5%	$855.5M+5.1%	$814.1M+0.9%	$806.5M+7.1%	$752.9M+1.4%	$742.5M-11.0%	$834.0M-7.7%	$903.7M
Operating Income	$1.0B	$1.0B-24.6%	$1.4B+35.1%	$1.0B+126.8%	$447.0M-34.8%	$685.2M-9.2%	$754.4M+12.7%	$669.2M+11.1%	$602.4M+15.9%	$519.7M+2.7%	$506.0M+13.8%	$444.6M-3.1%	$458.8M-0.4%	$460.6M+3.2%	$446.2M+15.2%	$387.4M
EBITDA	N/A	$1.2B-22.1%	$1.5B+30.3%	$1.2B+92.5%	$612.0M-26.3%	$830.9M-0.9%	$838.7M+11.8%	$750.3M+11.8%	$671.0M+14.8%	$584.5M+3.3%	$565.6M+11.7%	$506.1M-2.9%	$521.5M-2.1%	$532.9M+2.4%	$520.2M+12.5%	$462.6M
Interest Expense	$220.0M	$212.0M+14.0%	$186.0M+7.5%	$173.0M+45.4%	$119.0M+28.9%	$92.4M+13.6%	$81.3M-16.2%	$97.0M+8.3%	$89.5M+8.8%	$82.3M+32.1%	$62.3M-12.0%	$70.8M-1.4%	$71.8M-7.9%	$78.0M+11.0%	$70.3M+46.2%	$48.1M
Income Tax	$79.0M	$11.0M-96.1%	$284.0M+14.5%	$248.0M+155.7%	$97.0M-29.4%	$137.5M+157.0%	$53.5M-44.8%	$96.8M0.0%	$96.9M-24.5%	$128.3M-22.1%	$164.8M+93.1%	$85.4M-44.3%	$153.3M+3.2%	$148.6M-0.4%	$149.3M+43.6%	$103.9M
Net Income	$784.0M	$851.0M-9.0%	$935.0M+54.3%	$606.0M+122.8%	$272.0M-41.7%	$466.7M-23.4%	$609.0M+26.2%	$482.6M+15.3%	$418.5M+38.7%	$301.7M+15.7%	$260.8M-11.3%	$294.1M+26.5%	$232.6M+0.2%	$232.2M+6.0%	$219.1M-8.7%	$240.0M
EPS (Basic)	N/A	$6.92-4.9%	$7.28+57.9%	$4.61+126.0%	$2.04-41.0%	$3.46-21.4%	$4.40+28.3%	$3.43+16.7%	$2.94+43.4%	$2.05+17.8%	$1.74-12.1%	$1.98+25.3%	$1.58-2.5%	$1.62+3.8%	$1.56-14.8%	$1.83
EPS (Diluted)	$6.44	$6.90-4.8%	$7.25+58.0%	$4.59+126.1%	$2.03-41.0%	$3.44-21.3%	$4.37+28.2%	$3.41+17.2%	$2.91+43.3%	$2.03+18.0%	$1.72-11.3%	$1.94+27.6%	$1.52-1.3%	$1.54+6.2%	$1.45-14.7%	$1.70
Diluted Shares (Avg)	N/A	122M-4.6%	128M-1.9%	131M-1.4%	133M-1.6%	135M-2.8%	139M-1.8%	141M-1.3%	143M-3.1%	148M-1.7%	150M+0.4%	150M-0.4%	150M+1.1%	149M+2.6%	145M+2.9%	141M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Revenue	$2.8B-3.9%	$2.8B-4.2%	$2.8B-6.5%	$2.6B-10.2%	$2.9B-8.1%	$2.9B-0.6%	$3.0B+7.3%	$2.9B+13.5%
Cost of Revenue	$1.3B-0.5%	$1.3B-6.1%	$1.3B-7.0%	$1.3B-3.5%	$1.3B-1.6%	$1.4B+3.7%	$1.4B+9.9%	$1.3B+10.5%
Gross Profit	$1.4B-6.8%	$1.5B-2.5%	$1.5B-6.0%	$1.4B-15.6%	$1.6B-13.1%	$1.5B-4.4%	$1.6B+5.2%	$1.6B+16.1%
SG&A Expenses	$328.0M+6.5%	$305.0M-5.6%	$318.0M-9.1%	$317.0M-7.3%	$308.0M+36.9%	$323.0M-1.8%	$350.0M-4.3%	$342.0M+13.9%
Operating Income	$245.0M-13.4%	$279.0M+8.6%	$263.0M-4.4%	$230.0M-21.0%	$283.0M-48.5%	$257.0M+0.8%	$275.0M+3.8%	$291.0M+17.5%
EBITDA	$296.0M-8.6%	$324.0M+9.1%	$305.0M-3.8%	$270.0M-18.4%	$324.0M-45.2%	$297.0M+0.3%	$317.0M+3.9%	$331.0M+14.7%
Interest Expense	$52.0M+8.3%	$48.0M+9.1%	$73.0M+54.0%	$47.0M+3.0%	$48.0M+2.0%	$44.0M-4.2%	$47.4M+2.6%	$45.6M-2.0%
Income Tax	$18.0M-69.0%	$53.0Mn/m	$21.0M-58.8%	-$13.0M-121.3%	$58.0M-52.8%	-$55.0M-212.2%	$51.0M-44.4%	$61.0M-1.2%
Net Income	$181.0M+3.4%	$198.0M-26.9%	$205.0M+6.2%	$200.0M+7.0%	$175.0M-55.1%	$271.0M+64.2%	$193.0M+50.5%	$187.0M+28.4%
EPS (Basic)	$1.50+5.6%	$1.63-24.9%	$1.69+10.5%	$1.64+12.3%	$1.42-53.0%	$2.17+70.9%	$1.53+56.1%	$1.46+31.5%
EPS (Diluted)	$1.50+5.6%	$1.63-24.5%	$1.68+10.5%	$1.63+12.4%	$1.42-52.8%	$2.16+70.1%	$1.52+56.7%	$1.45+30.6%
Diluted Shares (Avg)	120M-2.7%	120M-3.4%	N/A	121M-5.2%	123M-4.6%	124M-4.2%	N/A	128M-2.0%

Not reported in any period shown, so not listed: R&D Expenses.

BAH Balance Sheet

BAH quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$7.1B-2.7%	$7.3B+11.4%	$6.6B+0.2%	$6.6B+8.7%	$6.0B+9.6%	$5.5B+14.7%	$4.8B+25.1%	$3.8B+6.2%	$3.6B+6.9%	$3.4B+12.1%	$3.0B+5.1%	$2.9B-2.6%	$2.9B-7.4%	$3.2B-4.1%	$3.3B
Current Assets	$3.0B-10.6%	$3.3B+21.0%	$2.7B+19.7%	$2.3B-6.4%	$2.4B-7.2%	$2.6B+13.2%	$2.3B+37.0%	$1.7B+13.9%	$1.5B+15.3%	$1.3B+8.8%	$1.2B+3.6%	$1.1B-8.5%	$1.3B-11.8%	$1.4B-13.9%	$1.7B
Cash & Equivalents	$728.0M-17.7%	$885.0M+59.7%	$554.0M+36.8%	$404.9M-41.8%	$695.9M-29.8%	$991.0M+33.6%	$741.9M+161.2%	$284.0M-1.0%	$287.0M+32.0%	$217.4M+15.9%	$187.5M-9.5%	$207.2M-20.3%	$260.0M-25.8%	$350.4M-27.7%	$484.4M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Accounts Receivable	$2.1B-9.2%	$2.3B+10.9%	$2.0B+15.3%	$1.8B+9.4%	$1.6B+15.0%	$1.4B-3.3%	$1.5B+9.7%	$1.3B+17.3%	$1.1B+14.3%	$991.8M+11.2%	$892.3M+4.1%	$857.3M-6.5%	$916.7M-11.0%	$1.0B-4.4%	$1.1B
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$2.4B-0.2%	$2.4B+2.6%	$2.3B+0.2%	$2.3B+15.7%	$2.0B+27.9%	$1.6B0.0%	$1.6B0.0%	$1.6B0.0%	$1.6B+0.6%	$1.6B+15.4%	$1.4B+4.4%	$1.3B+2.4%	$1.3B-0.3%	$1.3B+7.5%	$1.2B
Total Liabilities	$6.0B-4.7%	$6.3B+14.4%	$5.5B-0.7%	$5.6B+11.6%	$5.0B+12.4%	$4.4B+12.5%	$3.9B+24.7%	$3.2B+3.7%	$3.0B+8.7%	$2.8B+7.6%	$2.6B-2.8%	$2.7B-3.3%	$2.8B-6.2%	$3.0B+38.6%	$2.1B
Current Liabilities	$1.7B-9.9%	$1.8B+9.1%	$1.7B-10.8%	$1.9B+23.7%	$1.5B+18.8%	$1.3B-2.8%	$1.3B+12.6%	$1.2B+14.6%	$1.0B-6.6%	$1.1B+17.2%	$939.9M+10.7%	$849.0M-7.4%	$917.1M-4.9%	$964.6M+5.5%	$914.4M
Non-Current Liabilities	$4.3B-2.5%	$4.5B+16.7%	$3.8B+4.5%	$3.7B+6.3%	$3.4B+9.8%	$3.1B+20.2%	$2.6B+32.0%	$2.0B-1.9%	$2.0B+18.7%	$1.7B+2.2%	$1.7B-9.1%	$1.8B-1.3%	$1.9B-6.7%	$2.0B+63.4%	$1.2B
Long-Term Debt	$3.9B+0.2%	$3.9B+16.9%	$3.4B+20.9%	$2.8B+1.4%	$2.7B+19.9%	$2.3B+13.5%	$2.0B+18.0%	$1.7B-3.1%	$1.8B+19.4%	$1.5B-1.0%	$1.5B-4.6%	$1.6B-1.9%	$1.6B-4.5%	$1.7B+79.8%	$922.9M
Total Equity	$1.1B+10.2%	$1.0B-4.2%	$1.0B+5.5%	$992.0M-5.2%	$1.0B-2.3%	$1.1B+25.1%	$856.4M+26.8%	$675.4M+20.1%	$562.5M-3.8%	$584.9M+43.2%	$408.5M+119.0%	$186.5M+8.7%	$171.6M-24.3%	$226.8M-80.9%	$1.2B
Retained Earnings	$3.6B+18.7%	$3.1B+27.7%	$2.4B+17.2%	$2.1B+1.8%	$2.0B+14.7%	$1.8B+32.1%	$1.3B+33.8%	$994.8M+44.1%	$690.5M+44.4%	$478.1M+50.1%	$318.5M+204.9%	$104.5M+144.7%	$42.7M-65.8%	$124.8M-58.3%	$299.4M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Total Assets	$8.3B+16.1%	$7.6B+6.1%	$7.1B-2.7%	$7.1B+3.4%	$7.2B+4.0%	$7.2B+8.0%	$7.3B+11.4%	$6.8B+5.3%
Current Assets	$2.9B-10.5%	$3.0B-3.0%	$3.0B-10.6%	$3.1B+8.1%	$3.2B+10.4%	$3.1B+16.1%	$3.3B+21.0%	$2.8B+6.3%
Cash & Equivalents	$334.0M-59.1%	$540.0M-24.1%	$728.0M-17.7%	$882.0M+94.5%	$816.0M+46.0%	$711.0M+138.9%	$885.0M+59.7%	$453.5M-24.6%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Accounts Receivable	$2.3B+5.9%	$2.3B+1.5%	$2.1B-9.2%	$2.0B-7.9%	$2.2B-0.4%	$2.3B+0.2%	$2.3B+10.9%	$2.2B+13.0%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$3.0B+25.9%	$2.5B+5.1%	$2.4B-0.2%	$61.0M-97.5%	$2.4B0.0%	$2.4B+0.5%	$2.4B+2.6%	$2.4B+2.6%
Total Liabilities	$7.1B+14.7%	$6.4B+5.0%	$6.0B-4.7%	$6.0B+7.4%	$6.2B+8.4%	$6.1B+9.9%	$6.3B+14.4%	$5.6B+4.1%
Current Liabilities	$2.0B+9.6%	$1.9B+8.3%	$1.7B-9.9%	$1.7B-6.1%	$1.8B-2.2%	$1.8B+1.3%	$1.8B+9.1%	$1.8B+13.6%
Non-Current Liabilities	$5.1B+16.9%	$4.5B+3.6%	$4.3B-2.5%	$4.3B+13.9%	$4.3B+13.7%	$4.3B+13.7%	$4.5B+16.7%	$3.8B+0.1%
Long-Term Debt	$4.4B+13.3%	$3.9B+0.5%	$3.9B+0.2%	$3.9B+17.2%	$3.9B+17.1%	$3.9B+17.0%	$3.9B+16.9%	$3.3B-2.3%
Total Equity	$1.2B+24.9%	$1.2B+12.9%	$1.1B+10.2%	$1.0B-15.3%	$996.0M-17.1%	$1.1B-1.8%	$1.0B-4.2%	$1.2B+11.4%
Retained Earnings	$3.9B+14.8%	$3.8B+15.2%	$3.6B+18.7%	$3.5B+19.1%	$3.4B+19.5%	$3.3B+30.7%	$3.1B+27.7%	$2.9B+25.8%

Not reported in any period shown, so not listed: Inventory.

BAH Cash Flow Statement

BAH quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$1.1B	$1.0B+3.2%	$1.0B+289.6%	$259.0M-57.0%	$603.0M-18.1%	$736.5M+2.5%	$718.7M+30.3%	$551.4M+10.4%	$499.6M+35.3%	$369.1M-3.4%	$382.3M+53.4%	$249.2M-19.6%	$310.0M-6.8%	$332.7M-28.4%	$464.7M+29.1%	$360.0M
Depreciation & Amortization	N/A	$163.0M-1.2%	$165.0M+0.6%	$164.0M-0.6%	$165.0M+13.2%	$145.7M+72.9%	$84.3M+4.0%	$81.1M+18.2%	$68.6M+5.9%	$64.8M+8.8%	$59.5M-3.2%	$61.5M-1.8%	$62.7M-13.4%	$72.3M-2.3%	$74.0M-1.6%	$75.2M
Stock-Based Compensation	N/A	$69.0M-26.6%	$94.0M-1.1%	$95.0M+18.8%	$80.0M+14.6%	$69.8M+16.6%	$59.8M+38.2%	$43.3M+38.4%	$31.3M+34.1%	$23.3M+9.7%	$21.2M-15.0%	$25.0M-4.5%	$26.2M+30.4%	$20.1M-19.2%	$24.8M-20.5%	$31.3M
Capital Expenditures	$92.0M	$90.0M-8.2%	$98.0M+46.3%	$67.0M-11.8%	$76.0M-5.0%	$80.0M-8.3%	$87.2M-31.9%	$128.1M+35.3%	$94.7M+20.7%	$78.4M+45.5%	$53.9M-19.1%	$66.6M+84.9%	$36.0M+72.4%	$20.9M-36.9%	$33.1M-57.0%	$76.9M
Free Cash Flow	$984.0M	$951.0M+4.4%	$911.0M+374.5%	$192.0M-63.6%	$527.0M-19.7%	$656.6M+4.0%	$631.5M+49.2%	$423.3M+4.5%	$404.9M+39.3%	$290.7M-11.5%	$328.4M+79.8%	$182.6M-33.3%	$273.9M-12.2%	$311.8M-27.7%	$431.5M+52.4%	$283.1M
Investing Cash Flow	-$1.4B	-$300.0Mn/m	-$218.0Mn/m	-$91.0Mn/m	-$468.0Mn/m	-$867.7Mn/m	-$158.3Mn/m	-$128.1Mn/m	-$89.2Mn/m	-$96.5Mn/m	-$300.9Mn/m	-$117.8Mn/m	-$60.6Mn/m	-$13.6Mn/m	-$190.5Mn/m	-$53.6M
Financing Cash Flow	-$179.0M	-$898.0Mn/m	-$460.0Mn/m	-$19.0Mn/m	-$426.0Mn/m	-$163.8Mn/m	-$311.3M-1000.8%	$34.6Mn/m	-$413.4Mn/m	-$203.1Mn/m	-$51.5Mn/m	-$151.2Mn/m	-$302.2Mn/m	-$409.6Mn/m	-$408.2Mn/m	-$14.7M
Dividends Paid	$283.0M	$276.0M+3.0%	$268.0M+5.5%	$254.0M+7.6%	$236.0M+12.9%	$209.1M+15.5%	$181.1M+23.5%	$146.6M+28.3%	$114.2M+10.5%	$103.4M+11.3%	$92.9M+16.1%	$80.0M-62.8%	$215.1M-37.8%	$345.8M-69.2%	$1.1B+9327.7%	$11.9M
Share Buybacks	$373.0M	$598.0M-26.4%	$812.0M+101.0%	$404.0M+80.4%	$224.0M-46.5%	$418.9M+33.7%	$313.4M+72.0%	$182.2M-27.9%	$252.8M-6.5%	$270.3M+480.7%	$46.5M-26.3%	$63.2M+1.6%	$62.1M+1575.4%	$3.7M+247.6%	$1.1M-80.2%	$5.4M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Operating Cash Flow	$294.0M-30.2%	$281.0M+136.1%	$240.0M+9.6%	$261.0M+72.8%	$421.0M-28.3%	$119.0M+128.8%	$219.0M+52.2%	$151.0M-35.5%
Depreciation & Amortization	$51.0M+24.4%	$45.0M+12.5%	$42.0M0.0%	$40.0M0.0%	$41.0M-2.4%	$40.0M-2.4%	$42.0M+4.7%	$40.0M-2.7%
Stock-Based Compensation	N/A	$21.0M+10.5%	N/A	N/A	N/A	$19.0M-5.0%	N/A	$25.1M+5.7%
Capital Expenditures	$31.0M+19.2%	$20.0M-13.0%	$28.0M+12.0%	$13.0M-23.5%	$26.0M+8.3%	$23.0M-28.1%	$25.0M+51.8%	$17.0M-26.4%
Free Cash Flow	$263.0M-33.4%	$261.0M+171.9%	$212.0M+9.3%	$248.0M+85.1%	$395.0M-29.8%	$96.0M+380.0%	$194.0M+52.2%	$134.0M-36.5%
Investing Cash Flow	-$812.0Mn/m	-$328.0Mn/m	-$248.0Mn/m	$9.0Mn/m	-$29.0Mn/m	-$32.0Mn/m	-$34.0Mn/m	-$31.0Mn/m
Financing Cash Flow	$312.0Mn/m	-$141.0Mn/m	-$146.0M-159.3%	-$204.0Mn/m	-$287.0Mn/m	-$261.0Mn/m	$246.0Mn/m	-$225.0Mn/m
Dividends Paid	$72.0M+5.9%	$73.0M+4.3%	$71.0M+1.4%	$67.0M+3.1%	$68.0M+1.5%	$70.0M+6.1%	$70.0M+4.1%	$65.0M+5.4%
Share Buybacks	$98.0M-54.2%	$72.0M-60.2%	$77.0M-75.6%	$126.0M-15.4%	$214.0M-7.8%	$181.0M+56.0%	$315.0M+213.9%	$149.0M+57.7%

BAH Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BAH quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	52.7%-2.1pp	54.8%+0.9pp	53.8%+0.3pp	53.5%+0.1pp	53.4%-0.1pp	53.5%-1.3pp	54.7%+1.0pp	53.8%+0.2pp	53.5%-0.4pp	53.9%	N/A	N/A	N/A	N/A	N/A
Operating Margin	9.2%-2.2pp	11.4%+1.9pp	9.5%+4.7pp	4.8%-3.4pp	8.2%-1.4pp	9.6%+0.6pp	9.0%0.0pp	9.0%+0.6pp	8.4%-0.3pp	8.7%+0.5pp	8.2%-0.5pp	8.7%+0.3pp	8.4%+0.7pp	7.8%+1.1pp	6.6%
Net Margin	7.6%-0.2pp	7.8%+2.1pp	5.7%+2.7pp	2.9%-2.6pp	5.6%-2.2pp	7.8%+1.3pp	6.5%+0.2pp	6.2%+1.3pp	4.9%+0.4pp	4.5%-0.9pp	5.4%+1.0pp	4.4%+0.2pp	4.2%+0.4pp	3.8%-0.3pp	4.1%
Return on Equity	77.0%-16.2pp	93.2%+35.3pp	57.9%+30.5pp	27.4%-17.2pp	44.6%-12.2pp	56.9%+0.5pp	56.4%-5.6pp	62.0%+8.3pp	53.6%+9.0pp	44.6%-27.4pp	72.0%-52.7pp	124.7%-10.6pp	135.3%+38.7pp	96.6%+76.3pp	20.3%
Return on Assets	12.0%-0.8pp	12.8%+3.6pp	9.2%+5.1pp	4.2%-3.6pp	7.8%-3.3pp	11.1%+1.0pp	10.1%-0.9pp	10.9%+2.6pp	8.4%+0.6pp	7.7%-2.0pp	9.8%+1.7pp	8.1%+0.2pp	7.9%+1.0pp	6.9%-0.4pp	7.2%
Current Ratio	1.780.0x	1.79+0.2x	1.62+0.4x	1.21-0.4x	1.59-0.4x	2.04+0.3x	1.75+0.3x	1.440.0x	1.45+0.3x	1.18-0.1x	1.27-0.1x	1.350.0x	1.37-0.1x	1.48-0.3x	1.81
Debt-to-Equity	3.55-0.4x	3.90+0.7x	3.20+0.4x	2.79+0.2x	2.61+0.5x	2.13-0.2x	2.34-0.2x	2.52-0.6x	3.12+0.6x	2.51-1.1x	3.63-4.7x	8.34-0.9x	9.24+1.9x	7.32+6.5x	0.78
Liabilities-to-Equity	5.44-0.8x	6.29+1.0x	5.27-0.3x	5.60+0.8x	4.76+0.6x	4.13-0.5x	4.60-0.1x	4.67-0.7x	5.41+0.6x	4.79-1.6x	6.37-8.0x	14.36-1.8x	16.13+3.1x	13.01+11.2x	1.80
Asset Turnover	1.58-0.1x	1.640.0x	1.62+0.2x	1.410.0x	1.390.0x	1.43-0.1x	1.56-0.2x	1.750.0x	1.710.0x	1.72-0.1x	1.800.0x	1.840.0x	1.86+0.1x	1.810.0x	1.77
FCF Margin	8.5%+0.9pp	7.6%+5.8pp	1.8%-3.9pp	5.7%-2.2pp	7.8%-0.2pp	8.0%+2.4pp	5.7%-0.4pp	6.0%+1.3pp	4.7%-0.9pp	5.7%+2.3pp	3.4%-1.8pp	5.2%-0.5pp	5.7%-1.8pp	7.5%+2.7pp	4.8%

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Gross Margin	52.0%-1.6pp	52.3%+1.0pp	53.9%+0.3pp	51.9%-3.3pp	53.6%-3.1pp	51.3%-2.0pp	53.6%-1.1pp	55.3%+1.2pp
Operating Margin	8.8%-1.0pp	10.0%+1.2pp	9.4%+0.2pp	8.8%-1.2pp	9.8%-7.7pp	8.8%+0.1pp	9.2%-0.3pp	10.0%+0.4pp
Net Margin	6.5%+0.5pp	7.1%-2.2pp	7.4%+0.9pp	7.6%+1.2pp	6.1%-6.3pp	9.3%+3.7pp	6.5%+1.9pp	6.4%+0.7pp
Return on Equity	14.5%-3.0pp	16.5%-9.0pp	18.6%-0.7pp	19.5%+4.1pp	17.6%-14.9pp	25.4%+10.2pp	19.2%+7.0pp	15.4%+2.0pp
Return on Assets	2.2%-0.3pp	2.6%-1.2pp	2.9%+0.2pp	2.8%+0.1pp	2.5%-3.2pp	3.8%+1.3pp	2.6%+0.7pp	2.7%+0.5pp
Current Ratio	1.43-0.3x	1.59-0.2x	1.780.0x	1.81+0.2x	1.76+0.2x	1.78+0.2x	1.79+0.2x	1.57-0.1x
Debt-to-Equity	3.53-0.4x	3.26-0.4x	3.55-0.4x	3.76+1.0x	3.89+1.1x	3.66+0.6x	3.90+0.7x	2.72-0.4x
Liabilities-to-Equity	5.68-0.5x	5.33-0.4x	5.44-0.8x	5.88+1.2x	6.18+1.5x	5.73+0.6x	6.29+1.0x	4.64-0.3x
Asset Turnover	0.33-0.1x	0.370.0x	0.390.0x	0.37-0.1x	0.40-0.1x	0.410.0x	0.410.0x	0.430.0x
FCF Margin	9.5%-4.2pp	9.3%+6.0pp	7.6%+1.1pp	9.5%+4.9pp	13.7%-4.2pp	3.3%+2.6pp	6.5%+1.9pp	4.6%-3.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

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Booz Allen Hamilton Holding Corporation BAH	FY2026	$11.2B	$851.0M	7.6%	$9.4B	53/100
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Huron Consulting Group Inc. HURN	FY2025	$1.7B	$105.0M	6.2%	$3.1B	55/100
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Where Booz Allen Hamilton Holding Corporation Ranks

Frequently Asked Questions

What is Booz Allen Hamilton Holding Corporation's annual revenue?

Booz Allen Hamilton Holding Corporation (BAH) reported $11.2B in total revenue for fiscal year 2026. This represents a -6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Booz Allen Hamilton Holding Corporation's revenue growing?

Booz Allen Hamilton Holding Corporation (BAH) revenue declined by 6.4% year-over-year, from $12.0B to $11.2B in fiscal year 2026.

Is Booz Allen Hamilton Holding Corporation profitable?

Yes, Booz Allen Hamilton Holding Corporation (BAH) reported a net income of $784.0M over the trailing 12 months to September 30, 2026. In fiscal year 2026 it reported a net income of $851.0M, with a net profit margin of 7.6%.

What is Booz Allen Hamilton Holding Corporation's EBITDA?

Booz Allen Hamilton Holding Corporation (BAH) had EBITDA of $1.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Booz Allen Hamilton Holding Corporation have?

As of fiscal year 2026, Booz Allen Hamilton Holding Corporation (BAH) had $728.0M in cash and equivalents against $3.9B in long-term debt.

What is Booz Allen Hamilton Holding Corporation's gross margin?

Booz Allen Hamilton Holding Corporation (BAH) had a gross margin of 52.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Booz Allen Hamilton Holding Corporation's operating margin?

Booz Allen Hamilton Holding Corporation (BAH) had an operating margin of 9.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Booz Allen Hamilton Holding Corporation's net profit margin?

Booz Allen Hamilton Holding Corporation (BAH) had a net profit margin of 7.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Booz Allen Hamilton Holding Corporation pay dividends?

Yes, Booz Allen Hamilton Holding Corporation (BAH) paid $2.24 per share in dividends during fiscal year 2026.

What is Booz Allen Hamilton Holding Corporation's return on equity (ROE)?

Booz Allen Hamilton Holding Corporation (BAH) has a return on equity of 77.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Booz Allen Hamilton Holding Corporation's free cash flow?

Booz Allen Hamilton Holding Corporation (BAH) generated $951.0M in free cash flow during fiscal year 2026. This represents a 4.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Booz Allen Hamilton Holding Corporation's operating cash flow?

Booz Allen Hamilton Holding Corporation (BAH) generated $1.0B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Booz Allen Hamilton Holding Corporation's total assets?

Booz Allen Hamilton Holding Corporation (BAH) had $7.1B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Booz Allen Hamilton Holding Corporation's capital expenditures?

Booz Allen Hamilton Holding Corporation (BAH) invested $90.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Does Booz Allen Hamilton Holding Corporation buy back shares?

Yes, Booz Allen Hamilton Holding Corporation (BAH) spent $598.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Booz Allen Hamilton Holding Corporation have outstanding?

Booz Allen Hamilton Holding Corporation (BAH) had 120M shares outstanding as of fiscal year 2026.

What is Booz Allen Hamilton Holding Corporation's current ratio?

Booz Allen Hamilton Holding Corporation (BAH) had a current ratio of 1.78 as of fiscal year 2026, which is generally considered healthy.

What is Booz Allen Hamilton Holding Corporation's debt-to-equity ratio?

Booz Allen Hamilton Holding Corporation (BAH) had a debt-to-equity ratio of 3.55 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Booz Allen Hamilton Holding Corporation's liabilities-to-equity ratio?

Booz Allen Hamilton Holding Corporation (BAH) had a liabilities-to-equity ratio of 5.44 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Booz Allen Hamilton Holding Corporation's return on assets (ROA)?

Booz Allen Hamilton Holding Corporation (BAH) had a return on assets of 12.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Booz Allen Hamilton Holding Corporation's P/E ratio?

Booz Allen Hamilton Holding Corporation (BAH) trades at 12.0x earnings, its market capitalization divided by $784.0M net income, trailing 12 months to September 30, 2026. The market capitalization is $9.4B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Booz Allen Hamilton Holding Corporation's price-to-sales ratio?

Booz Allen Hamilton Holding Corporation (BAH) trades at 0.9x sales, its market capitalization divided by $11.0B revenue, trailing 12 months to September 30, 2026. The market capitalization is $9.4B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Booz Allen Hamilton Holding Corporation's Altman Z-Score?

Booz Allen Hamilton Holding Corporation (BAH) has an Altman Z-Score of 3.93, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Booz Allen Hamilton Holding Corporation's Piotroski F-Score?

Booz Allen Hamilton Holding Corporation (BAH) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Booz Allen Hamilton Holding Corporation's earnings high quality?

Booz Allen Hamilton Holding Corporation (BAH) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Booz Allen Hamilton Holding Corporation cover its interest payments?

Booz Allen Hamilton Holding Corporation (BAH) has an interest coverage ratio of 4.87x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Booz Allen Hamilton Holding Corporation?

Booz Allen Hamilton Holding Corporation (BAH) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.